Dynatronics (NASDAQ:DYNT) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Dynatronics Co. (NASDAQ:DYNT)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.18 and traded as low as $0.12. Dynatronics shares last traded at $0.14, with a volume of 1,482 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Dynatronics in a research note on Saturday. They issued a “hold” rating on the stock.

Dynatronics Stock Performance

The business has a fifty day moving average of $0.13 and a 200 day moving average of $0.17. The company has a market cap of $983,188.00, a P/E ratio of -0.14 and a beta of 0.16. The company has a quick ratio of 0.60, a current ratio of 1.35 and a debt-to-equity ratio of 0.23.

About Dynatronics

Dynatronics Corporation, a medical device company, designs, manufactures, and sells physical therapy, rehabilitation, orthopedics, pain management, and athletic training products in the United States. The company offers orthopedic soft bracing products include cervical collars, shoulder immobilizers, arm slings, wrist and elbow supports, abdominal and lumbosacral supports, maternity supports, knee immobilizers and supports, ankle walkers and supports, plantar fasciitis splints, and cold therapy products.